There was a saying that used to be quite popular in the crypto circle—there are countless reasons for losing money, but 99% of people fall in not because they misread the technology, but because they lose control of their positions.

What are newcomers like? An account with ten thousand dollars, and they go all-in right away. A small percentage increase makes them start dreaming, a slight dip and they cut their positions. The entire trading process feels like gambling, relying entirely on their current mood. I’ve been through this myself—profits come quickly, but even faster is losing it all back.

What’s the most heartbreaking? Your judgment might be correct, the direction right, but you just can’t hold onto the money. It’s only after one day that you realize: in this market, the ones who last the longest are never those who make the most money quickly, but those who can withstand losses.

Later, I changed my approach—focusing on one thing: steadily growing the principal.

Every entry is a small position to test the waters. If right, add in stages; if wrong, don’t hold on stubbornly—admit defeat when needed. It may sound unexciting, but the account keeps growing, and your mindset stays stable. Some say this is conservative, and I don’t deny it, but this “conservatism” is something I learned after being blown out several times.

When the market isn’t moving, I can sit on the sidelines for days without rushing; but when the rhythm hits, I dare to act decisively and ride the wave to the fullest. This isn’t about gambling on luck, but about managing good positions and timing your entries.

Honestly, most people’s failures aren’t due to the market itself, but because of greed and unrealistic fantasies. To truly turn things around, you need to stop heavy positions and avoid using your principal for gambling.

Opportunities are always there, as long as you’re alive to seize them. It’s okay to take it slow—just ensure the direction is steady and the rhythm right, and the road will only get wider.